189 Hobson Street, City Centre
- This location has been autonomously mapped, it may not be exact.
189 Hobson Street, City Centre
SOLD
Freehold 2 Bed <$300k -- 20% Deposit
With the best high-yielding savings and term deposit accounts currently offering around 6% per annum, here's an opportunity to land an asset generating a higher return and sit back and watch the underlying asset price grow.
With these units sitting around 20% below where they were selling in 2021, the proven capital gain that you can expect to experience in the coming years now that we're seeing rates finally being cut is HUGE.
These are, quite frankly, no-brainer purchases right now. If you're looking for an investment, you'll struggle to find something that stacks up better than this over the next 3–5 years in terms of cash flow and capital gain.
Stanford AUCKLAND has long been a staple in the portfolio of any Auckland property investor. The 2 bedrooms mean rent capitalization is maximized, and the smaller footprint means you're talking a very attractive price tag to secure it. Add to that the pullback in values we've seen over the past 2.5 years, and these rental powerhouses are ready to skyrocket.
It's also bank-friendly, so if you're an entry-level first-home buyer with a limited deposit, this could be the perfect first step on the property ladder you've been looking for.
Built by the well-renowned, tried-and-tested Conrad Development Group, known for their no-nonsense investment apartments, investing in Stanford AUCKLAND is like betting on the All Blacks; you know your money is safe.
Get in touch today to arrange your private viewing.
Note: The chattels in the photos may vary from what is being sold, please check the chattels list if this is important to you.
Facts & Features
Title Type
Freehold
Rates
$1468
Rental Appraisal
$490-$530 /week
Pets
No Pets
Chris Donnelly
Rory Hunt
Disclaimer: Apartment Specialist are often asked to give information as to the area or dimensions of properties, including rooms, decks and patios. Apartment Specialists sources such information from third party sources (for example Council records, building management records) and passes this on; unfortunately it is not uncommon for such information to be inaccurate. If exact and accurate sizes or dimensions is an important factor in your decision then you as Purchaser must make your own independent enquiry from your own chosen expert (for example a registered valuer).
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